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Article:
  Installing Tomcat on Mac OS X
Subject:   Security of system files - chmod 777?
Date:   2002-06-19 09:11:26
From:   vkevlar
I would suggest not making the file both writable and executable by everyone. 775 is a more secure mode (root and group allowed), or, if you want to make sure only root can write the file (most secure mode), 755.
I wouldn't recommend using chmod 777 to anyone as a matter of course, on a unix-based system such as MacOS X.